In collaboration with the World Economic Forum
NACD US Climate Governance Initiative
From Interest to Action:
Climate Change in the American Boardroom
NACD is proud to have joined the Climate Governance Initiative (CGI) as the US host chapter: the NACD US Climate Initiative. This initiative will prepare directors to guide their companies through the urgent challenge of climate change, which threatens the sustainability of business.
Climate Governance Principles
The World Economic Forum has developed a set of Climate Governance Principles for boards of directors to
enable directors to gain climate awareness and skills,
embed climate considerations into board decision-making, and
encourage directors to understand and act upon the risks and opportunities that the climate emergency poses to their organizations.
Boards are beginning to grapple with climate change and are finding it to be a complex issue, fraught with scientific, macroeconomic, and policy uncertainties. Many boards struggle to frame climate risks and opportunities appropriately within their organization’s overall strategy.
The NACD US Climate Initiative leads the conversation around the role of the board and management in responding to climate change in their organization’s strategy. It delivers guidance and education to enhance climate competence in the American boardroom.
As trusted stewards of long-term value creation, corporate directors can help ensure that climate change does not adversely impact the US economy and that American businesses continue to lead in innovation, transformation, and growth.
If you’re a stakeholder interested in exploring partnership around this initiative, or an NACD member who’d like to share their board’s or company’s climate governance journey, please contact Ghita Alderman, Associate Director, ESG Content.